Bitcoin / Dollar intraday: target 93530

Our pivot point stands at 96970.

Our preference: target 93530.

Alternative scenario: the upside breakout of 96970, would call for 98290 and 99070.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (95977) but above its 50 period moving average (95749).

Supports and resistances:

99070 **

98290 *

96970 **

96460

95874 last

94310

93530 **